Ripple after partial victory in court case: Is it the best investment and what alternatives are there?

Ripple after partial victory in court case: Is it the best investment and what alternatives are there?

Ripple has won a partial victory in a court case, making it a promising investment. The judge ruled that the sale to institutional investors was not a legitimate securities sale, which led to a massive price increase for XRP. Other cryptocurrencies classified as securities by the SEC, such as Solana, also benefited from this precedent. Ripple has also been reinstated by several major crypto exchanges. Although this is initially positive for Ripple, there could be further legal uncertainties and the ruling could be revised. A former SEC employee and other legal experts call the ruling problematic and claim that Ripple must pay a penalty. The SEC chief is disappointed with the decision and the SEC may appeal. Political pressure on the SEC is increasing as cryptocurrencies could become a major election issue. Some presidential candidates are crypto-friendly, while Joe Biden sees cryptocurrencies as high-risk and low-value. Investors are now increasingly turning to Wall Street memes instead of Ripple because they fear political uncertainty and possible appeals. The Wall Street memecoin, known as “$WSM,” is supported by the community and could lead to further price increases. It is important to note that investments are speculative and may put your capital at risk. Use of this website should comply with applicable laws. The authors may themselves be invested in the assets mentioned.